Airwallex, a global Fintech platform, announced today that Singapore’s entity, Airwallex Capital (Singapore) PTE Ltd, has received a license to Capital Markets (CMS) from Singapore’s Monetary Authority (MAS).
With this license, Airwallex can now offer adjustable investment solutions and staffing services to businesses in Singapore through Airwallex.
Airwallex’s performance is an investment capital management service that allows businesses to earn competitive returns in surplus funds held in their business.
Through Airwallex performance, businesses can:
- Maximize odds on multi -currency funds by investing in high quality money.
- Increase the rest in foreign currency without opening additional accounts.
- Keep liquidity, without locking periods. Businesses can transfer funds between cash balances and performance accounts, depending on the needs to meet their development needs.
Airwallex Capital is working with the management of the Fullerton Fund Management to manage Singapore Dollar’s Investment Strategy (SGD) and the management of Goldman Sachs’ assets to resolve US dollars (USD) – both bring deep institutional expertise to support custom needs.
Arnold Chan, General Manager, Asia Pacific, Airwallex, said:
“Starting Airwallex performance in Singapore is an important milestone as we continue to innovate and strengthen businesses here to unlock new opportunities to thrive.
“Cash management is a critical aspect of any business. With Airwallex’s performance, we give businesses a simple and flexible way to develop their inert funds, reinforcing companies of all sizes to create a more effective operation of the Treasury,” said Gary Harvey, “We are pleased to work in parallel to the reliable asset managers, the management of the Fullerton Fund and the Goldman Sachs Asset Management, to perform Airwallex to businesses in Singapore.”
Mark Yuen, head of Business Development, Fullerton Fund Management, said: “Our collaboration with Airwallex marks an exciting business channel for Fullerton, expanding the investment of our institutional investment solutions on a wider basis of companies with Teason. Management, Fullerton is well positioned to support Airwallex’s performance to provide smarter cash solutions to meet evolving corporate needs. “
“An evolving market environment requires effective liquidity management strategies. As one of the world’s leading liquidity solutions in the world, we look forward to working with Airwallex in Singapore to help companies optimize their returns for their cash balances and while maintaining liquidity to meet business needs.”
The launch of Airwallex performance in Singapore follows successful developments in Australia and Hong Kong, reinforcing Airwallex’s strategy to shape the future of global funding, reinforcing companies to grow faster, smarter with their own terms.